DVD$\text{'}$s Forever has seen its business decline. It recently paid a dividend of $$1\mathrm{.}80,$ but this dividend is expected to decrease by $6\%$ forever. If the required rate of return is $8\mathrm{.}57\%,$ what is the value of one share of common stock? $($Do not round intermediate answers, but round the final answer to two decimal places.$)$

$$51\mathrm{.}42$

$$11\mathrm{.}61$

$$48\mathrm{.}34$

$$10\mathrm{.}92$